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The Growth and Impact of Wearable Technology

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What is Wearable Technology?

Wearable technology is all around us. The smartwatch you rely on to stay on time, the Bluetooth device you use to play music, and the VR headset you use to immerse yourself in another world—these wearable devices are changing the world and the consumer electronics testing industry. By the end of 2024, the Consumer Battery Market is expected to grow to $15.45 billion and up to $22.15 billion by 2029. This rapid growth is largely driven by the increasing demand for portable electronic items and doesn’t seem to be stopping anytime soon. Battery testing will be needed more than ever to meet this high demand for wearable devices to ensure safety and performance

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What's Driving the Demand for Wearable Technology?

The benefits are obvious—versatility and connectivity—but why are consumers acquiring wearable devices at such high volumes? Many factors are driving growth, and the rise of younger generations is one factor. Young people are constantly searching for the latest smartwatches, Bluetooth devices, VR headsets, and more, which is creating an overwhelming surge of spending on new technologies. Marketing campaigns and test demos persuade consumers to purchase their own to improve their quality of life. What once was a mundane run in the park can now be filled with upbeat music, tracking every mile and calories burned during a workout—the possibilities are endless.

Wearable technology also paves the way for connection. During the COVID-19 pandemic, people needed tools to interact socially with others, work remotely with their team and monitor their fitness levels. Smartwatches became increasingly popular as they served as alternatives to medical equipment for monitoring health parameters like oxygen levels and heart rate. Virtual reality was able to give an augmented reality to the games that people were playing online. Post-pandemic, having experienced the capabilities of these devices, consumers are continually looking for improved technologies such as “wearable payments.” These fitness trackers and even jewelry items are integrated with payment capabilities, providing a more efficient way to pay for goods and services. 

The Challenges of Wearable Devices

While wearable technology is exciting and thrilling, several challenges inhibit growth. Apart from the data privacy concerns that have resulted from hacking and insecure communication, environmental safety is a serious concern. Since consumers wear these devices all over their bodies in a variety of climates, ensuring that the batteries in the devices are safe is very important. To combat these concerns, the North American battery testing equipment market size is estimated to reach $255.82 million by 2030. Manufacturers need to spend quite a bit financially to keep up with new technologies, regulations, and consumer demand. 

Part of the effort in testing wearable devices is to leverage battery technology to create longer-lasting products. Consumers are consistently looking for devices that can hold a longer charge, which places incredible demand on manufacturers. This demand and market growth have led manufacturers to look for different solutions to test different chemistries that could prove a longer-lasting charge.  


Evolve with AES

As the consumer electronics industry feels immediate pressure from consumers and evolving technology, AES can help. Our battery testing chambers and battery fixture solutions provide an integrated solution for battery testing. With AES's battery fixtures, customers can customize their battery test chambers to accommodate a wide range of cell sizes, channels, and amperage without always buying a new test chamber when requirements change. 

 

Meet the ATP Adaptable


Rely on our team at AES to provide the best battery testing solutions for your testing needs. As wearable technology transforms the future, we want to be right beside you, guiding you to a brighter tomorrow. Download our white paper to learn more about how the cost-effectiveness of the ATP® series, and browse our Battery Chambers Buyers Guide to learn what you need to consider when purchasing a battery test chamber.

Should you have more questions about battery testing, contact us today.